Tuesday marked a new year-high for oil, but prices spent the rest of the week retreating ahead of Sunday’s meeting of oil-producing nations in Doha, Qatar.

West Texas Intermediate futures contracts for May closed the week at $40.36 a barrel, down $1.14 (2.75 percent) on the day. It was up 67 cents (1.68 percent) compared to April 8’s settlement but had fallen $1.81 (4.29 percent) since Tuesday’s year-high of $42.17.

In 72 trading days so far this year, futures prices have finished positive 32 days and negative 40. WTI has spent 60 days above $30. The year-low is $26.21.

Tuesday marked year-highs for posted prices, as well. The Plains All American posted price for WTI was $38.75 that day, and the West Texas sour price was $34.20. Both, however, have fallen since.

WTI fetched $36.75 a barrel Friday, down $1.25 (3.29 percent) on the day. Sour was down $1.25 (3.74 percent) to $32.20.

Since April 8, WTI posted has increased 1.38 percent and sour jumped 1.58 percent. Both are up 50 cents.

The year-low for WTI posted is $22.75, while sour’s low is $19.55.

On the year, WTI futures are up $3.60 (9.79 percent), WTI posted is up $3.50 (10.53 percent) and sour is up 20 cents (0.63 percent).

In other futures trading Friday, June contracts were down 96 cents to $41.71, July contracts fell 91 cents to $42.54 and August contracts dropped 89 cents to $43.03. The nearest month above $50 was June 2022 at $50.14.